Administration d’actifs

FE fundinfo, a Luxembourg-based specialist in fund information, has announced the acquisition of Paris-based firm Adjuto. The move aims to bolster its fee and distribution channel management solutions. Financial details were not disclosed.

La législation à venir, qui pose des défis à l’industrie de la distribution de fonds - notamment l’ajout d’exigences en matière de rapports et l’augmentation des coûts - sera au cœur de la Global Distribution Conference de l’Association of the Luxembourg Fund Industry, connue sous le nom d’Alfi, qui se tiendra mercredi. «La distribution reste la clé du succès de l’industrie de la gestion d’actifs», a déclaré Steven Libby, associé et leader Emea AWM chez PwC et membre du conseil d’administration de l’Alfi, qui agira en tant que maître de cérémonie lors de l’événement de mercredi.

Global financial services provider Apex Group on Monday announced the initiation of its business operations in South Korea. The move aims to offer extensive solutions to global asset management clients and solidifies the  firm’s presence in the Asia-Pacific region.

Chantal Free has been appointed at the new chief executive officer at Ocorian, a global asset services provider that also is present in Luxembourg.

Free joins Ocorian from Capita where she was CEO of their portfolio division, leading a portfolio of businesses across a range of sectors including insurance, legal, consulting and technology. Previously she spent 23 years at Willis Towers Watson, the global risk and people consulting and brokerage firm, where she held several senior roles in Asia and Europe.

Animated movies. German real estate. Trade finance. Polish mortgages. Industrial lasers. Environmental intelligence. Pharmaceutical services. More than 1.5 billion euro has been invested in the Luxembourg-domiciled alternative investment funds under the wings of Fuchs Asset Management. Its AIFM portfolio presents a small microcosm of alternative investments managed via the Grand Duchy. The manco is for sale after its parent company, Fuchs & Associes, entered liquidation last month. Jean-Jacques Lava, deputy-CEO at Fuchs AM, said the sale process is going according to plan.

Ciaran Fitzpatrick of State Street Institutional Services paints a vibrant picture of the evolving landscape for Exchange-Traded Funds (ETFs). Across the investment world, the move from active to passive is not just a trend but a shift that is being felt across retail and institutional investments, largely due to persistent pressure on costs. Ireland and Luxembourg present different appeals to new issuers.

Apex Group, a global financial services provider with a significant presence in Luxembourg, on Monday said it agreed to acquire Axess Accounting Office, a provider of corporate tax services for real estate and private equity firms in Japan. Financial details were not disclosed. 

Apex Group on Thursday said it has been appointed by BTC Investment Group to deliver fund services to its Argento Energy Fund LP, launched by the Mexican family office BTC in 2022, to manage investments in the US onshore oil and gas industry, with a target size of 100 million dollars. Apex will provide the services via its Miami office.

Moins de nouveaux fonds d’investissement alternatifs réservés sont enregistrés au Luxembourg cette année, les gestionnaires de fonds se montrant plus prudents et la collecte de fonds des capitaux-risqueurs ayant diminué. L’appétit des investisseurs semble réduit, mais n’a pas disparu. On dit que la « poudre sèche » reste disponible parmi les investisseurs institutionnels sur le marché alternatif.